Positive results for Forent Energy from ARKeX BlueQube Survey
February 11, 2011
Today Forent Energy Ltd. gave an update on its oil exploration efforts in Nova Scotia.
"During the third and fourth quarters of 2010 Forent engaged ARKeX Limited to conduct a high resolution 890 km2 geophysical imaging program, consisting of gravity gradiometry as well as magnetic and LiDAR datasets over the Alton Block.
This program was designed to identify possible subsurface Gays River reefal structures which are anticipated to be hydrocarbon bearing. Interpretation of the gravity gradiometry data has identified over sixteen anomalies which will be delineated further with a 125 km 2D seismic program to be acquired in the summer of 2011.
The new gravity anomalies demonstrate similar geometries to modern reefs and exhibit areal extents comparable to Gays River reefs as already mapped at outcrop and near surface on the Alton concession and as identified in the 2008 Sproule Associates resources assessment of the Alton Block.
The use of the gravity gradiometry has proven to be a very cost effective method of imaging the entire subsurface of the Shubenacadie sub-basin and will allow efficient placement of the 2D seismic lines greatly minimizing cost and landowner impact."
The image of the 3D Perspective View of Gravity Gradiometry Anomalies can be seen below.
Press Contacts
Mark Champion,
Marketing Manager
+44 (0)1223 427400
mark.champion@arkex.com
